Jack Ma Success after Failures: 10 Facts about Jack Ma that will Inspire You

The founder and executive chairman of a successful internet based business Alibaba Group; Jack Ma success story went through a rocky road before he built billion dollars empire.

Alibaba is a Chinese e-commerce that conducts its businesses and affairs online. It provides sales in many different way i.e. business to consumer, consumer to consumer and business to business sales. Alibaba sells diverse items such as toys, fashion items, electronics and much more. Started with the investment of $92.7, Alibaba has netted $28.2 billion by 2017 according to Forbes.

Building his business from scratch, Jack Ma success includes getting invitation from many universities to give lectures on a regular basis. Following are some interesting facts about the popular Alibaba group founder Jack Ma, which will leave you awestruck and inspired both at the same time.

According to Forbes, Jack Ma success is demonstrated by becoming the second wealthiest person in China and thirty third richest person in earth. He has netted $20.5 billion.

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Jack Ma success did not dawn before continuous failures. He had applied   for thirty different jobs and got rejected for all of the applied positions.     Unfortunately, the hiring managers were unknown of what Jack Ma was   capable of. Had they known his worth, Ma would have developed their   companies rather than building his own billion dollar empire

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Ma had even applied for KFC before he planned for starting off his own business. There were 24 candidates including Ma. Out of them, 23 got the job and the one person who did not get the job was Jack Ma.
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Eventually moving on, Ma even applied for the position of a policeman. Again out of five candidates, 4 got selected except Ma.
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Jack Ma’s failure stories could have created a string of disappointments. Rather, Ma did not stop trying. Ma applied for Harvard University ten times and Harvart rejected him in his every single attempt. When asked Ma about his experience of series of rejection from Harvart, the optimistic business tycoon responded saying someday he should go and teach there instead of becoming a student. Ma was not totally wrong when he uttered those words. The successful businessman these days goes to colleges and lectures there incorporating his success story and inspirational talks.
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Ma travelled to the United States of America in 1995 to recollect the debt for his friend. However, the American did not want to pay any money. Consequently, they locked him in his own house. Later, they took him to the Las Vegas where he tried out his luck in a casino. Ma was fortunate enough to win a jackpot of $600 with which he bought his tickets back home.
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There is more than just wealth to Jack Ma success story; he has become a remarkable face in the world of business. The utterly successful businessman, Ma became the very first Chinese person to appear the cover of Forbes magazine.
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During the first visit to America, Ma saw computer for the very first time and he was amazed by it. “Beer” was the first word Ma had searched in the internet. He got quite a lot of information about beer. But he could not find anything related to China while he searched for many things from China. This was the moment Ma had decided to get his hands on an internet business.
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After he returned back to China, he started his first business “China Yellow Pages” taking a loan of $20,000 from his friends. Within three years, his company made $800,000.
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Ma has taught English to 500 students in a university. For the job, he was paid $12-15 per month. However, he stayed teaching English for the same salary for 5 years.
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The founder and chairperson of an e-commerce is a computer illiterate. Well, Ma can switch open, send and receive mails and switch his computer off, but he states he knows nothing about technology.
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The computer illiterate Ma who saw computer for the first time when he was 31 is now a founder of a billion dollar internet based business. One of the wealthiest business tycoon has seen tons of failures before he became a success story. Instead of weakening, Ma’s failures have served as a stepping stone towards building an empire.